Bitcoin Whales Return Even with Shrinking Gains: Can BTC Price Surpass $90,000?

BTC whales drive price forecasts as Bitcoin approaches $90,000. While profits dwindle, accumulation of BTC suggests an upcoming bull market for cryptocurrencies.

The Bitcoin market is fluctuating at current rates but seems relatively stable based on recent price movements. As momentum gathers and traders anticipate a significant breakthrough, new insights from Santiment indicate that BTC whales have re-entered the scene, consistently accumulating since prices plummeted to about $78,000 in mid-March.

Santiment: Return of Bitcoin Whales

The renewed activity from these affluent addresses may suggest a change in crypto market sentiment, potentially pushing prices higher and possibly sparking the long-awaited alternative coin and crypto price surge. When this occurs, the focus is likely to shift towards some of the most promising presales for investment in 2025.

Santiment reports a visible increase in the number of addresses holding between 100 and 10,000 Bitcoin. Historically, a rise in holdings among these investors often foreshadows a price surge as major stakeholders ramp up their purchases.

Bitcoin’s value has surged to around ~$88,350 after a bleak outlook two weeks prior at approximately ~$77,500. Following that local low, we observed an uptick in total wallets holding 100 to 10K $BTC. As is customary, markets have shown improvement since whales resumed their accumulation activities. pic.twitter.com/3zZfyOnCeY

— Santiment (@santimentfeed) March 25, 2025

Should buyers start acquiring at current market rates, it might indicate the continuation of significant gains from earlier this week when BTC surpassed a two-week trading range. In such a scenario, prices could exceed $90,000, potentially accelerating towards $100,000 in an ongoing optimistic formation.

(BTCUSDT)

Local base level is presently around $82,000. Nevertheless, traders should vigilantly observe price movements, as primary price floor stands at approximately $76,700. A price breakout beneath this threshold could trigger significant Bitcoin declines, revisiting 2021 peaks in a scenario that may also force a liquidation of leveraged long positions, driving the token down to $50,000.

Explore: Best High-Risk, High–Reward Cryptos to Consider in March 2025

Will Bitcoin Price Exceed $90,000?

Considering all potential outcomes, parallel assessments by Glassnode analysts highlight a redistribution of BTC holdings among profit and rekt categories.

Their analysis reveals that while most holders face losses, these are not drastic, and prices appear to stabilize rather than capitulate.

A greater amount of $BTC is currently held at moderate losses, while supplies in higher profit brackets have dwindled. Since the start of the year, there has been a clear reshuffling of holdings within profit and loss territories. In summary:

Losses are mounting, but they aren’t extreme.
High-profit holdings are declining… pic.twitter.com/V8sTo12OWk

— glassnode (@glassnode) March 25, 2025

There are signs pointing to a portfolio realignment focused on profit-taking, which is nudging prices closer to breakeven points. Overall, the supply of BTC in the 20-40% profit margin is increasing, indicating that some addresses might be taking advantage of price dips to accumulate.

For the upward trend to persist, Glassnode analysts point out that prices need to stay above the 200-day moving average, approximately $85,000. Should bulls gain momentum, the immediate price ceiling level will rest at $95,200 or the 111-day moving average.

This price point aligns closely with the short-term holder (STH) realized price at about $93,500—a level that needs to be reclaimed for uptrend sentiment to firmly establish itself. Currently, the majority of STHs, or wallets that acquired Bitcoin in the past 90 days, are at a rekt, which may introduce selling pressure.

Conversely, base level levels are at $75,500, corresponding to the 365-day moving average, and $45,100, aligning with the 200-week moving average. If price lows were indeed formed in March, this could signify the onset of a bull market, creating a prime opportunity to invest in some of the most promising cryptos for 2025.

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The article Bitcoin Whales Are Back Despite Thinning Profits: Will BTC Price Break $90,000? first appeared on 99Bitcoins.